Before the month is out, oil and the US dollar will make very sharp moves. Bernancke is about to cut the mustard. It will shape economies around the world not to mention shake them.
The US dollar is overvalued with the threats of the Euro Dollars (thos US dollar stores outside the US) about to be released for a numbner of reasons other than good economics.
Whether to hold sell of buy is your call. I know where I stand.
oil and th us$
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Last
$61.46 |
Change
-0.080(0.13%) |
Mkt cap ! $11.92B | |||
| Open | High | Low | Value | Volume |
| $61.58 | $61.92 | $61.19 | $8.582M | 139.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7 | $61.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $61.47 | 347 | 13 |
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| Last trade - 15.44pm 30/08/2024 (20 minute delay) ? |
| ASX (ASX) Chart |